Central Bank of India, a public sector bank announced a sharp rise of 62.08% in net profit for the quarter ended September 2008. During the quarter, the profit of the company rose to Rs 961.5 million from Rs 593.2 million in the quarter ended June 2008. 
Interest income for the quarter rose 10.91% to Rs 26,744 million, while total income for the quarter rose 7.63% to Rs 27688.90 million, when compared with the prior quarter.
The company reported earnings of Rs 1.87 a share during the quarter, registering 94.79% rise over previous quarter.
|
Quarterly Results - Standalone (Rs in mn) |
|
As at |
Sep - 08 |
Jun - 08 |
%Change |
|
Interest Income |
26,744 |
24,112.90 |
10.91 |
|
Net Profit |
961.50 |
593.20 |
62.08 |
|
Basic EPS |
1.87 |
0.96 |
94.79 |
Shares of the company declined Rs 3.6, or 8.94%, to settle at Rs 37. The total volume of shares traded was 129,375 at the BSE (Friday).
Central Bank Of India (Q,N,C,F)*
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